Tag: gst impact on real estate builders

Real Estate has been one of the sectors which was majorly impacted by GST. One of the immediate effects were that the overall cost of construction, and thus the effective real estate GST rates went down in the GST era, due to the availability of…

Introduction The real estate sector is one of the most pivotal sectors of the Indian economy, ranked second only to agriculture. It has an average contribution of 5% – 6% to the Indian GDP, stimulating demand for more than 250 ancillary industries, and playing a…